CMS finalizes one-year ICD-10 delay

Today the Centers for Medicare & Medicaid Services (CMS) finalized its proposal to delay ICD-10 one year from Oct. 2013 to Oct. 2014. The one-year delay of ICD-10 is in response to continued concerns from providers, payers and facilities that adoption of the new code set will prove extremely challenging to physician practices, facilities and payers alike. CMS has mandated this new code set without having done the necessary due diligence to ensure that healthcare entities will not experience debilitating cash-flow disruptions, due to its implementation.

The rule also finalizes a plan to implement a national health plan identifier, required under the Patient Protection and Affordable Care Act of 2010.

For more information see the CMS press release.